CNBC Economy / Updates
- Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows June 27, 2025The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
- Fed Governor Bowman favors July interest rate cut if inflation stays low June 23, 2025Bowman is the second central banker in recent days to suggest tariffs are likely to have a temporary and muted impact on prices.
- The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect June 17, 2025While any movement on interest rates seems improbable, the meeting will feature important signals that still could move markets.